When I was looking into getting my iPad I decided I didn't need my laptop anymore (I have a 27in iMac as well) so I looked into apples recycling program. You can get a quote from their website after filling out a short survey. I decided to sell it myself because they quoted me $400 and when I checked eBay the laptop I had was going between $600-700. So I guess it depends on how much money you would like to get for it.

If your iPad is in great (like new) condition, you would probably be better selling it on eBay. Even used iPads are going for new prices on there. Most recycling programs are only going to give you around $100-$200 for it.

I sold my black iPad 16GB on Craigslist in 8 hours, went to Best Buy and bought a black iPad2 32Gb. Main reason to sell was more storage and faster processor. I did have a MacBook Air but prefer the iPad2 over using the MBA.

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